University of Minnesota Foundation

The University of Minnesota Foundation manages an endowment fund based in Minneapolis, Minnesota. Established in 1964, the foundation is an independent, not-for-profit, tax-exempt organization that raises funds and receives gifts from the University of Minnesota-Twin Cities. The portfolio is invested by UMF Investment Advisors (UMFIA), a nonprofit subsidiary of UMF, to focus on long-term investment goals. The assets are managed by the board of trustees.